Transparency Market ResearchState Tower,90, State Street, Suite 700.Albany, NY 12207United Stateswww.transparencymarketresearch.com[email protected]mReport will be delivered with in 15-20 working daysRequest SampleBuy NowREPORT DESCRIPTIONFood packaging market is by far the largest application segment of the packaging industry, accounting for more than one-thirdof the global packaging market. From a global perspective, the food packaging market is at a very interesting situation, wherethe market has almost reached a plateau in terms of technology in the more developed nations in North America and Europe,while the emerging countries of Asia Pacific region are playing catch up to the packaging technologies and food supply chainmanagement. Different types of food products require varied packaging types according to their individual usage andperishability.The sea change in food habits and preference for processed food has propelled the food packaging market in the past. Themarket for packaged food has already reached a holistic level in North America and Western Europe, while rapid lifestylechanges and economic growth, coupled with rising population in Asia Pacific countries such as China and India, has spiked thegrowth rate of food packaging in the region. The growth rate in South America and the Middle East is also on the higher sidecompared to the developed economies. The main reason for increasing preference for processed food is the shifting populationdynamics towards urban centers from rural areas. This has resulted in the advent of dual income urban families, who preferprocessed food…